modern globalization. What do you see as the most important and consequential global interactions? What are the shifts that you see emerge from new globalized connections?
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- In what way does comparing a countrys exports to GDP reflect its degree of globalization?What do international flows of capital have to do with trade imbalances?1. Notice how U.S. imports rose at roughly the same rate asthose of other countries until the 1970s. What accounts forthe acceleration of U.S. imports thereafter? 2. China’s exports rose spectacularly after the 1990s. Germanyincreased its exports in this period dramatically as well. Whatevidence do you see here for increasing competition for theUnited States in a globalizing economy?
- What is the impact of globalization on how people communicate? Is this something positiveor negative?What is globalization? How do you think it mighthave affected the economy over the past decade?7n Your textbook discusses precursors to globalization (ımperialism, colonialism, westernization, and Americanization). Which of these do you think was the most influential of the precursors? Why?
- After the Seattle 1999 World Trade Organisation Ministerial Conference there were many demonstrations against the idea of globalisation. Why were these demonstrations mostly directed at the IMF? Why do some marginalised groups in the USA and canada reject the idea of globalisation? In answering consider NAFTA (North American Free Trade Agreement).Should economists be in favour of globalisation? Discuss with respect to at least threeof the following areas:a) Comparative advantage and gains from tradeb) Trade and growthc) Migrationd) Winners and losers from globalisatione) Rodrik’s Policy TrileWhat changws had globalism had on medium size business?
- In this topic, you are to research globalisation. The business press bombards us with ideas about ‘The shrinkingworld’, ‘the flat world’ and ‘the border-less world’ – all catchphrases to describe the impact of globalisation.But are the (trade) borders really collapsing or are we seeing, post GFC, a resurgence in them? What is behindthe extreme demonstrations against globalisation at G7andWTC conferences?Elaborate the important in a certain context of Economic Globalization.Is globalisation a force for good in the world economy?Discuss with respect to at least three of the following areas:a) Comparative advantage and gains from tradeb) Trade and growthc) Migrationd) Winners and losers from globalisatione) Brexit or COVID-19
